Imran Khan
๐ค SpeakerAppearances Over Time
Podcast Appearances
He has deep understanding about his customers, very, very deep understanding of his customers. And that makes him so special. And then the second and third thing, I think these are actually true for every great CEO. One, they understand their customers. Number two, they have deep conviction. Because the reality is return is a function of quote unquote risk.
He has deep understanding about his customers, very, very deep understanding of his customers. And that makes him so special. And then the second and third thing, I think these are actually true for every great CEO. One, they understand their customers. Number two, they have deep conviction. Because the reality is return is a function of quote unquote risk.
That everybody thinks it's risky, but you don't because you have the conviction. And that's why you can underwrite that. And the most people don't do it makes you special. So Evan from a day one had a very deep conviction on his product. And, you know, like the lenses acquisitions that we acquired, you know, Evan looked at the product and he knew exactly how people are going to use the product.
That everybody thinks it's risky, but you don't because you have the conviction. And that's why you can underwrite that. And the most people don't do it makes you special. So Evan from a day one had a very deep conviction on his product. And, you know, like the lenses acquisitions that we acquired, you know, Evan looked at the product and he knew exactly how people are going to use the product.
That everybody thinks it's risky, but you don't because you have the conviction. And that's why you can underwrite that. And the most people don't do it makes you special. So Evan from a day one had a very deep conviction on his product. And, you know, like the lenses acquisitions that we acquired, you know, Evan looked at the product and he knew exactly how people are going to use the product.
We finance guys. I'm like, why are you paying so much money for this deal? But he had a very good hike or with maps.
We finance guys. I'm like, why are you paying so much money for this deal? But he had a very good hike or with maps.
We finance guys. I'm like, why are you paying so much money for this deal? But he had a very good hike or with maps.
or with stories everybody was like why even creating stories isn't that like anti you were trying to do but he had a deep understanding how his consumers how his customers use the product and he was able to build a product and he has a very deep conviction on it and the other third thing i think what makes great founder is your pain tolerance it's true for founders it's true for investors it's true for a lot of people because the reality is it rarely going to be right overnight
or with stories everybody was like why even creating stories isn't that like anti you were trying to do but he had a deep understanding how his consumers how his customers use the product and he was able to build a product and he has a very deep conviction on it and the other third thing i think what makes great founder is your pain tolerance it's true for founders it's true for investors it's true for a lot of people because the reality is it rarely going to be right overnight
or with stories everybody was like why even creating stories isn't that like anti you were trying to do but he had a deep understanding how his consumers how his customers use the product and he was able to build a product and he has a very deep conviction on it and the other third thing i think what makes great founder is your pain tolerance it's true for founders it's true for investors it's true for a lot of people because the reality is it rarely going to be right overnight
When you make a bet, primarily when you're running a business, it takes time for your thesis to play out. And during that time, you take a lot of pain because everybody talks negative about you. You're doing wrong things. But he is a wonderful human being. He's a great friend. And I'm very grateful that he took a chance on me.
When you make a bet, primarily when you're running a business, it takes time for your thesis to play out. And during that time, you take a lot of pain because everybody talks negative about you. You're doing wrong things. But he is a wonderful human being. He's a great friend. And I'm very grateful that he took a chance on me.
When you make a bet, primarily when you're running a business, it takes time for your thesis to play out. And during that time, you take a lot of pain because everybody talks negative about you. You're doing wrong things. But he is a wonderful human being. He's a great friend. And I'm very grateful that he took a chance on me.
One of the things, I think we grew too fast too quickly. I think, you know, if you look at in January 1, we did zero revenue, 2015. Q4 of 2018, so four years later, our annualized revenue was 1.6 billion. Today, Snap will do what, 5 billion plus minus revenue. So in 14, they had almost no revenue. So in 10 years, their revenue went from zero to 5 billion plus.
One of the things, I think we grew too fast too quickly. I think, you know, if you look at in January 1, we did zero revenue, 2015. Q4 of 2018, so four years later, our annualized revenue was 1.6 billion. Today, Snap will do what, 5 billion plus minus revenue. So in 14, they had almost no revenue. So in 10 years, their revenue went from zero to 5 billion plus.
One of the things, I think we grew too fast too quickly. I think, you know, if you look at in January 1, we did zero revenue, 2015. Q4 of 2018, so four years later, our annualized revenue was 1.6 billion. Today, Snap will do what, 5 billion plus minus revenue. So in 14, they had almost no revenue. So in 10 years, their revenue went from zero to 5 billion plus.
So the challenge is, and this is actually a good lesson for all the CEOs, and again, I think, I don't think I wish, but that it created a lot of stress. But the thing is that when you grow really fast, a couple of things happen. Expectation goes out of hand. Everybody always expect you to grow that way.
So the challenge is, and this is actually a good lesson for all the CEOs, and again, I think, I don't think I wish, but that it created a lot of stress. But the thing is that when you grow really fast, a couple of things happen. Expectation goes out of hand. Everybody always expect you to grow that way.
So the challenge is, and this is actually a good lesson for all the CEOs, and again, I think, I don't think I wish, but that it created a lot of stress. But the thing is that when you grow really fast, a couple of things happen. Expectation goes out of hand. Everybody always expect you to grow that way.